The new Peruvian sol

The official currency used, and circulating in the Republic of Peru, is the new Peruvian sol currency (Spanish: Nuevo Sol Peruano), which can be abbreviated as (ML), and one sol is one hundred parts of a smaller monetary sub-class called centimos (Spanish: Céntimos). As for the issuance of the sol currency in its various denominations, and its two types (paper and metallic) are carried out by the Central Reserve Bank.[1] Looking at the price of the Peruvian currency against the dollar, one US dollar is equivalent to the value of 3.3160 ​​sols (according to the exchange rates for the year 2019 AD).[2]

New Peruvian Sol classes

The new Peruvian sol coin was issued with several designs and denominations, as follows:

banknotes

They are in the following categories:[3]

  • New 10 Sol: green and orange, the obverse includes the image of José Abelardo Quinones, and on the opposite side is the image of the archaeological site of Machu Picchu.
  • New 20 sol denomination: It tends to be purple, and the obverse includes the image of Raúl Boris, and on the opposite side is the image of the ancient Chimu wall.
  • New 50 sol denomination: It tends to purple, and the obverse includes a portrait of the writer Abraham Valdelomar, and on the opposite side appears the image of the Chavin Temple.
  • New 100 sol denomination: it is blue, and the obverse includes the picture of the historian Jorge Passader, and on the opposite side is the picture of the archaeological site of Bagatín.
  • The new 200 sol denomination: It tends to be pink, and the front of the coin includes the image of Saint Rosa from Lima, and on the opposite side there is a picture of the holy city of El Karal.

coins

The coins of the new Sole denominations were issued somewhat similar in design; One side of the coin includes the image of the Central Reserve Bank and the national coat of arms, while the other side includes the percentage values ​​of the coin. The last issue of coins included the following denominations:[4]

  • 1 cent class.
  • 5 cents class.
  • 10 cents class.
  • 20 cent class.
  • 50 cent class.
  • Class 1 new sol.

the reviewer

  1. ↑ Thomson Gale (2007), “Peru”, www.encyclopedia.com, Retrieved 5-5-2019. Edited.
  2. ↑ “Current Rates”, fiscal.treasury.gov, 5-15-2019, Retrieved 3-6-2019. Edited.
  3. ↑ “New Family of Banknotes”, www.bcrp.gob.pe, Retrieved 5-5-2019. Edited.
  4. ↑ Chelangat Faith (8-17-2017), “What is the currency of Peru?”, www.worldatlas.com, Retrieved 5-5-2019. Edited.

What is the currency of Peru?

Writing – on the date : – Last updated: 2022-05-22 05:42:01